BSEJOJO LtdMediumNeutral
Announced Mon, 11 Aug · 17:30 IST

As attached

Revenue Growth 20pctPat Growth 25pctPat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board of Madhuveer Com 18 Network Limited approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the auditor's limited review report. On a standalone basis, revenue from operations rose to Rs. 135.76 lakhs (from nil in Q1 FY25), with profit after tax of Rs. 19.58 lakhs versus Rs. 11.85 lakhs in the year-ago quarter. On a consolidated basis, revenue jumped to Rs. 178.89 lakhs (from Rs. 3.94 lakhs), but the company reported a net loss of Rs. 50.69 lakhs due to losses of Rs. 70.27 lakhs from its subsidiaries. Separately, the board approved the allotment of 10 lakh equity shares to promoter Mr. Sagar Shah on conversion of warrants at Rs. 40 per share, with Rs. 3 crore received as the balance 75% consideration.

Likely market impact

Standalone performance improved sharply on a low base, but consolidated losses from subsidiaries dragged overall profitability into the red, which is a concern for shareholders. The warrant conversion is dilutive for non-promoter holders but strengthens the promoter's stake to 23.19% post-allotment.